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MEI Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: March 09, 2026
Report Source: 2026 3rd Quarter Report
Methode Electronics Inc. Stock Analysis MEI
Methode Electronics, Inc. engages in the manufacture of component and subsystem devices. The company is headquartered in Chicago, Illinois and currently employs 6,500 full-time employees. The firm designs, engineers, and produces mechatronic products for original equipment manufacturers (OEMs) utilizing its range of technologies for user interface, lighting system, power distribution and sensor applications. Its segments include Automotive, Industrial, and Interface. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile OEMs, either directly or through their tiered suppliers. Its products include integrated overhead and center consoles, hidden and ergonomic switches, transmission lead-frames, and LED-based lighting and sensors. The Industrial segment manufactures exterior and interior lighting solutions, industrial safety radio remote controls, braided flexible cables, current-carrying laminated busbars and devices, custom power-product assemblies. The Interface segment provides interface panel solutions for the appliance market.
Read More Methode Electronics Inc (MEI) Chart
Key Statistics of Methode Electronics Inc (MEI)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
$13.29Volume
766.85KP/E Ratio (TTM)
-52 Week Range
Market Cap
381.94MAvg. Volume
614.29KDividend Yield
2.49%Financial Metrics & Statements of Methode Electronics Inc (MEI)
FAQ's for Methode Electronics Inc (MEI)
- According to Musaffa’s Shariah screening methodology, Methode Electronics Inc (MEI) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Methode Electronics Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Methode Electronics Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of Methode Electronics Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Methode Electronics Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of Methode Electronics Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.